“We can sort of look through that noise, because no one can take our capital away from us. That's what we talk about when we talk about permanent capital.”
The Rules of Investing · Soul Patts has 20% in cash. Todd Barlow says everything else has to earn its place
Play from 30:35
30:35
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What was described
use permanent capital to make longer-term, high-conviction investment decisions without worrying about short-term performance
Said nearby on the same subject
“Don't make 30-year investment decisions based on the last 30 minutes of news... develop a kind of deliberate ignorance about short-term noise.”
MY
Michael Yardney
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast ·
“It may also mean buying an investment grade property in an established capital city market, while others are being distracted by the short-term headlines.”
MY
Michael Yardney
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast ·